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Keyword: greatrecession

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  • The Prepper Movement: Why Are Millions Of Preppers Feverishly Preparing

    10/25/2011 10:59:43 AM PDT · by Kartographer · 38 replies
    In America today, there are millions of “preppers” that are working feverishly to get prepared for what they fear is going to happen to America. There is a very good chance that some of your neighbors or co-workers may be preppers. You may even have noticed that some of your relatives and friends have been storing up food and have been trying to convince you that we are on the verge of “the end of the world as we know it”. A lot of preppers like to keep their preparations quiet, but everyone agrees that the prepper movement is growing....
  • SEPTEMBER PPI SURGES 0.8%, WAY HOTTER THAN ESTIMATES

    10/18/2011 5:53:27 AM PDT · by blam · 28 replies
    TBI ^ | 10-18-2011 | Joe Weisenthal
    <p>The number is out, and it's HOT!</p> <p>PPI hs jumped 0.8%, well above the 0.2% analysts had expected.</p> <p>Core PPI, which excludes food and energy, was only up 0.2%, which is still above the 0.1% that analysts had expected.</p> <p>The culprit? Blame food and energy.</p>
  • Stimulus No Longer Stimulates a Brave New World

    10/05/2011 10:30:54 PM PDT · by neverdem · 1 replies
    The American Interest. ^ | October 5, 2011 | Walter Russell Mead
    America's labor market isn't getting better, and it is hardest on people who haven't worked in a long time. The Economist reports: AMERICA'S great labour market slump continues to cast its pall over the economy, leaving one lonely group in particular shrouded in shadows. Over 6m Americans, more than 40% of all those unemployed, have now been out of work for more than six months. Most of these, 4.5m, haven't worked for a year or more. This crisis of long-term joblessness is unprecedented in the post-war period.Lacklustre growth is the main problem. The pace of new hiring crashed during the recession...
  • Crime and the Great Recession: Jobs have fled, lawbreaking hasn’t risen—and criminologists are...

    08/26/2011 10:21:59 PM PDT · by neverdem · 36 replies
    City Journal ^ | Summer 2011 | James Q. Wilson
    Jobs have fled, lawbreaking hasn’t risen—and criminologists are scratching their heads.During the seventies and eighties, scarcely any newspaper story about rising crime failed to mention that it was strongly linked to unemployment and poverty. The argument was straightforward: if less legitimate work was available, more illegal work would take place. Certain scholars agreed. Economist Gary Becker of the University of Chicago, a Nobel laureate, developed a powerful theory that crime was rational—that a person will commit crime if the expected utility exceeds that of using his time and other resources in pursuit of alternative activities, such as leisure or legitimate...
  • Barack Obama inauguration: this Emperor has no clothes, it will all end in tears (Prophecy)

    08/26/2011 1:22:15 PM PDT · by mojito · 19 replies
    The Telegraph ^ | JANUARY 20, 2009 | Gerald Warner
    This will end in tears. The Obama hysteria is not merely embarrassing to witness, it is itself contributory to the scale of the disaster that is coming. What we are experiencing, in the deepening days of a global depression, is the desperate suspension of disbelief by people of intelligence – la trahison des clercs – in a pathetic effort to hypnotise themselves into the delusion that it will be all right on the night. It will not be all right. [....] It is crucial to recall the reality that lies behind the rhetoric. Denouncing “those who seek to advance their...
  • Does Obama Have Any Idea Why New Deal Failed?

    08/23/2011 3:20:28 PM PDT · by neverdem · 43 replies
    Human Events ^ | 08/23/2011 | Burton Folsom, Jr.
    The Great Depression dominated the 1930s, in large part because President Franklin D. Roosevelt’s New Deal programs failed to create jobs. In May 1939, shortly after learning that unemployment stood at 20.7%, Henry Morgenthau, the secretary of the Treasury, exploded: “We have tried spending money. We are spending more than we have ever spent before and it does not work.” Morgenthau concluded, “I say after eight years of this administration we have just as much unemployment as when we started. . . . And an enormous debt to boot!” Why did Roosevelt’s New Deal fail so miserably? The larger problem...
  • FDR's policies prolonged Depression by 7 years, UCLA economists calculate (warning from 2004)

    08/04/2011 3:49:15 PM PDT · by Lou Budvis · 28 replies
    UCLA Newsroom ^ | August 10, 2004 | Megan Sullivan
    Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt. After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years. "Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10-...
  • Gold & Silver Are Moving Higher… Much Higher! Says Analyst

    08/04/2011 8:57:51 AM PDT · by SeekAndFind · 62 replies
    Yahoo Finance ^ | 08/04/2011 | Jeff Macke
    Every day is a good day to buy gold of late. It's an intoxicating state of affairs for those of us who already own the barbaric metal, which is exactly the problem. Being inordinately giddy over an investment, what Tony Montana called "getting high on your own supply", generally ends quite poorly. The question isn't so much whether or not gold has worked. It has. The question is if it's too late to enter or if this is a prudent time to take some profits. With the fundamentals widely understood, Breakout turned to technical analyst Peter Lee of UBS to...
  • Agenda 21 Update: Family Farms Are Under Attack

    07/31/2011 5:27:24 PM PDT · by Nachum · 61 replies
    The Blaze ^ | 7/31/11 | Mike Opelka
    Is the US government starting to implement the policies of the United Nation’s plan for global management of people and resources known as Agenda 21? The latest efforts out of the Department of Transportation (DOT) seem to indicate this is happening. And they are starting by targeting America’s farming communities with costly and oppressive regulations. In Late May, the DOT proposed a rule change for farm equipment, and if it this allowed to take effect, it will place significant regulatory pressure on small farms and family farms all across America – costing them thousands of dollars and possibly forcing many...
  • The next 72hs: What last minute preps to take?

    07/31/2011 9:23:53 PM PDT · by Kartographer · 138 replies · 1+ views
    The Modern Survivalist ^ | 7/31/11 | FerFAL
    What you would be looking at would be civil unrest in most mayor US cities and thousands of minor ones as well. Once the images of people looting and getting away with it hit the TV you’re looking at thousands of bums thinking of doing the same thing and rushing out the door to the nearest store. That gets bad pretty fast. You’re talking about looting, fires, closed stores, destruction of vehicles and private property, and given US context some gang related activity taking advantage of the lawless situation as well to settle scores. While invasion of residential properties wont...
  • Gerald Celente: “Economic Martial Law Will Be Declared”

    08/01/2011 1:23:23 PM PDT · by Kartographer · 47 replies
    causapatet.blogspot ^ | 8/1/11 | Mac Slavo
    In his latest quarterly Trends Journal (Summer 2011), Gerald Celente provides us another “history of the future,” in which he discusses global economic, monetary, and political events as they happen and what their consequences will be for months, years and decades to come. As he has said before, it is only a matter of time before a major terror attack is executed in a major Western nation. And once it happens it will send shock waves throughout the world, leading to mass global panic and a further tightening of the noose around the necks of the populace: What will another...
  • Some Prepper/Survival Videos from The Patriot Nurse

    08/03/2011 3:56:55 AM PDT · by beaversmom · 29 replies
    The Patriot Nurse via You Tube ^ | May 5, 2010 | The Patriot Nurse
    FYI: I came across these videos this morning made by The Patriot Nurse. I'm not sure if they've been posted to FR before, but I did look through the archives as best I could. I've watched a couple of them. There are a few on You Tube made by this woman. Just passing along for those interested. I think she gives some good ideas. See links below for some of her videos--they'll link you to her other videos as well.
  • It Has Started: Wall Street Preparing For Doomsday Scenario (Fund managers in Crisis Mode)

    07/21/2011 1:44:46 PM PDT · by SeekAndFind · 9 replies
    Business Insider ^ | 07/21/2011 | Katya Wachtel
    If you're simply looking at their public statements, Wall Streeters seem to be alarmed about the debt crisis, but don't appear to be sliding into panic mode. In fact, they're just really good actors. Across the financial sector, many are preparing for a debt doomsday scenario, in which the U.S does in fact default, the New York Times reports. Firms are "taking steps to reduce the risk of holding Treasury bonds or angling for ways to make profits from any possible upheaval." It's clear hedge funds have changed gears and many are in heavy de-risking mode, with billion dollar firms...
  • It Has Started: Wall Street Is Preparing For A Doomsday Scenario

    07/21/2011 7:26:09 AM PDT · by blam · 28 replies
    TBI ^ | 7-21-2011 | ya Wachtel
    It Has Started: Wall Street Is Preparing For A Doomsday Scenario Katya Wachtel Jul. 21, 2011, 9:15 AM If you're simply looking at their public statements, Wall Streeters seem to be alarmed about the debt crisis, but don't appear to be sliding into panic mode. In fact, they're just really good actors. Across the financial sector, many are preparing for a debt doomsday scenario, in which the U.S does in fact default, the New York Times reports. Firms are "taking steps to reduce the risk of holding Treasury bonds or angling for ways to make profits from any possible upheaval."...
  • Chapman: ‘There Is No Question Now That the Game Is Over’

    07/20/2011 9:00:01 PM PDT · by Kartographer · 35 replies
    TheSHTFPlan ^ | 11/20/11 | Mac Slavo
    The American people are broke. When 25% of the people have no income coming in and prices for basic goods continue to rise, there will be no upward movement in the economy. Consumers cannot spend, because they have nothing left – their incomes have been eliminated and so too has their credit. The only hope for growth is more easing by the Fed and more stimulus from Congress, but even that is masking the problem. We may see positive GDP growth as a result, as we have “officially” seen in recent quarters, but this is strictly a mathematical result of...
  • Fed Preparing For US Default Says Plosser

    07/20/2011 5:52:15 PM PDT · by Kartographer · 27 replies
    Zero Hedge ^ | 7/20/11 | Tyler Durden
    That giant whooshing, and humming, sound you hear are all the printers at the basement of Marriner Eccles getting refills and start the warm up process. Because according to the Fed Charles Plosser the Federal Reserve is actively preparing for the possibility that the United States could default. Which can only mean one thing: an immediate paradrop of millions of $100 bricks to every man woman and child in the US since as we all know by know Tim Geithner has repeatedly confirmed the Treasury has absolutely no default plans. None.
  • Leading Trend Forecaster: We Are Not Entering a New Recession (We're In A Depression)

    07/15/2011 4:26:02 AM PDT · by blam · 36 replies
    SHTF Plan ^ | 9-14-2011 | Mac Slavo
    Leading Trend Forecaster: We Are Not Entering a New Recession Mac Slavo July 14th, 2011 Trend forecaster Gerald Celente, of the Trends Research Institute, in his latest Trend Alert to subscribers, says that media presstitutes continue to sell Americans and the rest of the world the big lie of recovery. It’s nothing more than a cover-up. We never exited the recession that started in 2008.For the second consecutive month, employers added scarcely any jobs in June, startling evidence that the economic recovery is stumbling … The government also revised downward the small gain for the previous month to 25,000 new...
  • 10 Signs That The American People Are Starting To Freak Out About The Condition Of The Economy

    07/16/2011 3:58:48 PM PDT · by Kartographer · 137 replies · 1+ views
    Hawaii News Daily ^ | July 15, 2011 | Michael Snyder
    All over America, restlessness and frustration are growing. It has now been almost three years since the great financial crash of 2008, and yet the U.S. economy is still a complete and total mess. In fact, there are all sorts of signs that things are about to get even worse, and the American people are just about fed up. Virtually every major poll, survey and measure of consumer confidence shows that the American people are becoming more pessimistic about the economy. Millions of hard working Americans that worked their fingers to the bone for their employers and that did everything...
  • Neighborhood Prepper Meeting: Getting Together

    07/16/2011 3:33:47 PM PDT · by Kartographer · 12 replies
    YouTube ^ | 7/16/11 | LDSPrepper
    I would like to thank my neighbors and friends for participating in our annual emergency preparedness meeting. Your comments and contributions were what made the meeting great. Hopefully we all left with a desire to be better prepared so our family and loved ones are well taken care of in the event of...
  • Urban Survival Skills To Keep Your Ass Alive

    07/14/2011 9:06:55 PM PDT · by Kartographer · 246 replies
    survive2thrive.ne ^ | 7/14/11 | Steve
    Even if you are fortunate enough to have a retreat out in the country getting to your safe haven maybe impossible during upheaval. Roads blocked by wrecked and fuelless vehicles will stop most bugouters in their tracks. Maybe you were born lucky and can make it out safely before the balloon bursts, then what? People in rural areas, will start shooting if threatened by mobs of refugees fleeing the city. Don’t expect to be welcomed with arms outstretched. Most country folks don’t trust outsiders; you will likely be greeted with a load of buckshot and not the cup of fresh...